Question

Journalise the following transactions in the books of Himanshu:

2017		Rs
Dec.01	Business started with cash	75,000
Dec.07	Purchased goods for cash	10,000
Dec.09	Sold goods to Swati	5,000
Dec.12	Purchased furniture	3,000
Dec.18	Cash received from Swati in full settlement	4,000
Dec.25	Paid rent	1,000
Dec.30	Paid salary	1,500

Answer 1

Books of Himanshu Journal
Date	Particulars			L.F.	Debit Amount Rs	Credit Amount Rs
2017
Dec.01	Cash A/c		Dr.		75,000
		To Capital A/c				75,000
	(Started business with cash)
Dec.07	Purchases A/c		Dr.		10,000
		To Cash A/c				10,000
	(Goods purchased for cash)
Dec.09	Swati		Dr.		5,000
		To Sales A/c				5,000
	(Goods sold on credit)
Dec.12	Furniture A/c		Dr.		3,000
		To Cash A/c				3,000
	(Furniture purchased for cash)
Dec.18	Cash A/c		Dr.		4,000
	Discount Allowed A/c		Dr.		1,000
		To Swati				5,000
	(Cash received from Swati and discount allowed)
Dec.25	Rent A/c		Dr.		1,000
		To Cash A/c				1,000
	(Rent paid in cash)
Dec.30	Salaries A/c		Dr.		1,500
		To Cash A/c				1,500
	(Salary paid in cash)
		Total			1,00,500	1,00,500